EDGE

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0692%/8h= +75.8% APRnext payment +$3.46 per $10,000 · paid last 24h +0.104%

Price spread now: Orderly against SunX+0.637%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Orderly is 0.637% dearer against SunX than usual: you sell high and buy low: +$64 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX EDGE-USDT	0.5968	0.0100	pay 0.0050% / 4h	3h 05m	$4K	$609K	10x
Short	Orderly PERP_EDGE_USDC	0.6006	0.0792	get 0.0396% / 4h	3h 05m	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee OrderlybpOrdersPrice spread, now +0.637%Rate

Funding earned: $145.4
Price spread: +0.637% → 0.000%: $63.67
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $195.07
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: SunX: live order book, 45 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 45 min ago	500.88 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter EDGE	+0.0096%	1h	0.6008	+0.667%	$50K	$14K	3x	as long as short
Bybit EDGEUSDT	+0.0100%	4h	0.6010	+0.704%	$7.2M	$3.3M	25x	as long as short
KuCoin EDGEUSDTM	+0.0100%	4h	0.6011	+0.721%	$2.2M	$2.2M	50x	as long as short
Bitget EDGEUSDT	+0.0100%	4h	0.6011	+0.721%	$4.8M	$1.0M	20x	as long as short
Backpack EDGE_USDC_PERP	+0.0100%	1h	0.6007	+0.648%	$57K	$99K	3.3x	as long as short
Variational Omni EDGE	+0.0100%	4h	0.5993	+0.425%	$192K	$126K	—	as long as short
GRVT EDGE_USDT_Perp	+0.0100%	4h	0.6029	+1.022%	$486	$1.9M	10x	as long as short
ApeX Omni EDGEUSDT	+0.0100%	1h	0.6035	+1.123%	$9K	$294K	50x	as long as short
SunX EDGE-USDTlong	+0.0100%	4h	0.5968	long leg	$4K	$609K	10x
edgeX EDGEUSDC	+0.0458%	4h	0.6038	+1.179%	$14.4M	$3.6M	30x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX EDGE-USDT-SWAP	+0.0474%	4h	0.6028	+1.005%	$3.7M	$5.8M	20x	as long as short
Aster EDGEUSDT	+0.0567%	4h	0.6015	+0.796%	$69K	$133K	5x	as long as short
BloFin EDGE-USDT	+0.0573%	4h	0.6034	+1.106%	$654K	$99K	50x	as long as short
Binance EDGEUSDT	+0.0577%	4h	0.6013	+0.746%	$10.3M	$10.2M	50x	as long as short
MEXC EDGE_USDT	+0.0582%	4h	0.6016	+0.804%	$1.2M	$916K	50x	as long as short
Extended EDGE-USD	+0.0584%	1h	0.6020	+0.871%	$27K	$194K	5x	as long as short
Orderly PERP_EDGE_USDCshort	+0.0792%	4h	0.6006	+0.637%	$3K	—	10x